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2009-09-11

An idea - good or bad?

Comments on Arvind Subramanian “The G-20: An Idea from India”, 11/09/2009, http://www.eastasiaforum.org/2009/09/11/the-g-20-an-idea-from-india/
Why should the World Bank not be a bank but an institution for generating ideas and technologies?
Surely that would push back the agenda for improvement in developing countries many years, wouldn't?
The author probably assumes the following:
that there are not enough ideas,
that there are not enough technologies for developing countries,
that developing countries are better in assimilating ideas,
that developing countries are better at adopting "new technologies",
that the WB is better at generating ideas,
that the WB is better at developing technologies.
It is highly doubtful any of the above would hold any water, or has any reasonable rationale.
It does not seem to be a good idea at all.

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